NYC Brokers Recover Their Confidence as Market Bottoms

Still, confidence remained below 2019 levels.

       

source https://feeds.feedblitz.com/~/643010882/0/globest/new-york~NYC-Brokers-Recover-Their-Confidence-as-Market-Bottoms/

Retail and Hotels Stall CMBS Recovery

In December, the retail CMBS delinquency rate stood at 12.78% and hotels had a 19.87% delinquency rate.

       

source https://feeds.feedblitz.com/~/643005312/0/globest/new-york~Retail-and-Hotels-Stall-CMBS-Recovery/

Another Day, Another Lease for SL Green

The REIT has signed two new leases at One Vanderbilt Ave. totalling 43,000 square feet.

       

source https://feeds.feedblitz.com/~/642925738/0/globest/new-york~Another-Day-Another-Lease-for-SL-Green/

Gateway Markets Should Start to Recover Apartment Losses This Year

Apartment vacancy increased significantly in gateway markets like New York and San Francisco in 2020, but they will see some relief this year.

       

source https://feeds.feedblitz.com/~/642870064/0/globest/new-york~Gateway-Markets-Should-Start-to-Recover-Apartment-Losses-This-Year/

Investcorp Acquires $330M Multifamily Portfolio

The portfolio comprises five class B, residential properties, which are 96% occupied and located throughout three suburban markets.

       

source https://feeds.feedblitz.com/~/642859254/0/globest/new-york~Investcorp-Acquires-M-Multifamily-Portfolio/

SL Green Lands 100K SF Lease at 11 Madison Ave

The 30-story office tower will serve as Beam Suntory’s global headquarters.

       

source https://feeds.feedblitz.com/~/642841794/0/globest/new-york~SL-Green-Lands-K-SF-Lease-at-Madison-Ave/

Nominate Now for Influencers in Retail Real Estate

GlobeSt. Real Estate Forum is seeking impactful and accomplished retail professionals to highlight within its May 2021 issue. Submit your nominations before February 12!

       

source https://feeds.feedblitz.com/~/642844576/0/globest/new-york~Nominate-Now-for-Influencers-in-Retail-Real-Estate/

CMBS Delinquencies Stabilize in the Last Three Months

The percentage of CMBS loans that are 121 days or more delinquent has stabilized at 2% for the last three months.

       

source https://feeds.feedblitz.com/~/642674268/0/globest/new-york~CMBS-Delinquencies-Stabilize-in-the-Last-Three-Months/